Indonesia to regulate e-commerce
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The Indonesian government has begun laying the groundwork to regulate e-commerce activities in the country amid breakneck growth in online transactions, particularly among the country’s young and affluent middle class.
Chief economics minister Sofyan Djalil called for a series of discussions between officials from the trade, finance and communications ministries, among others, to discuss a new government regulation on electronic-based commerce a week ago, according to Rudiantara, the communications minister.
He said the various ministries had their own issues to address in terms of regulating e-commerce.
Questions & Answers
Q.Which government official initiated the discussions about e-commerce regulation?
Which government official initiated the discussions about e-commerce regulation?
Chief economics minister Sofyan Djalil called for a series of discussions. These talks involved officials from the trade, finance, and communications ministries, among others, to develop new regulations for electronic-based commerce.
Q.What is the primary motivation for Indonesia to regulate e-commerce activities?
What is the primary motivation for Indonesia to regulate e-commerce activities?
The regulation is being developed due to the rapid growth in online transactions across Indonesia. This growth is particularly notable among the country's young and affluent middle-class consumers.
Q.Which government departments are involved in the discussions about new e-commerce regulations?
Which government departments are involved in the discussions about new e-commerce regulations?
Officials from the trade, finance, and communications ministries are involved in the discussions. Other ministries are also participating, as each department has specific issues to address regarding e-commerce regulation.